MELANIA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0426%/8h= +46.6% APRnext payment +$2.13 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Gate+0.119%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$362as in the Price arb table

costs, in and out, $10k−$3653.645% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.119%, 7d avg +0.092%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and KuCoin is 0.027% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.092%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MELANIA_USDT	0.1094	0.0100	pay 0.0050% / 4h	12m 21s	$409K	$101K	50x
Short	KuCoin MELANIAUSDTM	0.1095	0.0526	get 0.0263% / 4h	12m 21s	$449K	$1.6M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee KuCoinbpOrdersPrice spread, now +0.119%Rate

Funding earned: $89.46
Price spread: +0.119% → +0.092%: $2.74
Slippage, 4 orders: −$337.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$272.32
Costs to cover: 3.645%
Break-even: 28.3 days

Slippage from Gate: live order book, 43 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 43 min ago	18.72 bp	40.9 bp −$41	9703.5 bp −$97.0K	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	18.23 bp	145.5 bp −$145	doesn't fit	doesn't fit	doesn't fit

MELANIA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MELANIA	+0.0100%	1h	0.1095	+0.165%	$1.7M	$198K	3x	as long as short
Bybit MELANIAUSDT	+0.0100%	4h	0.1097	+0.293%	$1.5M	$781K	20x	as long as short
Gate MELANIA_USDTlong	+0.0100%	4h	0.1094	long leg	$409K	$101K	50x
Bitget MELANIAUSDT	+0.0100%	4h	0.1095	+0.155%	$944K	$231K	50x	as long as short
Variational Omni MELANIA	+0.0100%	4h	0.1098	+0.403%	$114K	$672	—	as long as short
BingX MELANIA-USDT	+0.0110%	4h	0.1096	+0.256%	—	$1.5M	—	as long as short
Aevo MELANIA-PERP	+0.0112%	1h	0.1085	−0.787%	$248K	—	3x	as long as short
MEXC MELANIA_USDT	+0.0120%	4h	0.1096	+0.247%	$1.2M	$138K	100x	as long as short
Binance MELANIAUSDT	+0.0121%	4h	0.1096	+0.201%	$3.0M	$3.2M	75x	as long as short
BloFin MELANIA-USDT	+0.0154%	4h	0.1096	+0.192%	$196K	$6K	75x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MELANIAUSDTMshort	+0.0526%	4h	0.1095	+0.119%	$449K	$1.6M	30x
Aster MELANIAUSDT	+0.0878%	4h	0.1096	+0.174%	$21K	$15K	5x	as long as short
Kraken Futures PF_MELANIAUSD	+0.1747%	1h	0.1098	+0.359%	$25K	$3K	10x	as long as short